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TN HB1374
Bill
Status
2/6/2025
Primary Sponsor
Caleb Hemmer
Click for details
AI Summary
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Prohibits third-party ticket resellers from selling or offering to sell "speculative tickets"—tickets not in their actual possession, not owned by them, or not under contract to be transferred to them at the time of sale
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Requires ticket resale platforms and websites to prevent the listing or sale of speculative tickets on their services
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Establishes enforcement through the Division of Consumer Affairs in the Attorney General's office, which must create a complaint process for consumers
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Imposes a mandatory penalty of $5,000 per violation, with each speculative ticket sold or offered counting as a separate violation
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Takes effect July 1, 2025, applying to conduct occurring on or after that date
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 47, relative to speculative tickets.
Tickets, Admission
Last Action
Sponsor change.
2/12/2025